‘Bargain hunters have jumped back into the housing market sending auction clearance rates back above 60 per cent in Sydney and Melbourne, but agents and experts don’t expect a recovery in house prices any time soon. Economists’ predictions of further falling house prices did not deter buyers at the weekend whose bidding at auctions delivered a 63 per cent clearance rate in Sydney, up from 48.7 per cent, according to Domain. Melbourne edged higher to 61.3 per cent from 57.3 per cent.’